There is yet another new file format on the web and it’s called WebP. This file format is becoming the new standard for compressed web images. WebP is slowly replacing all other web images such as PNG, Gif, and JPG.
The reason for this change is because WebP allows users to compress their images even further and maintain transparency. This helps to allow websites to load faster, saving you less time waiting for the website to load.
As of right now you can’t use Adobe Photoshop to open and convert WebP files, you will have to rely on other programs like IrfanView or online converters that we will list below.
Online WebP to PNG converters
Image Online Convert